It should not be Taboo to to mention the a role for the IMF in the Greek situation, Swedish FinMin Borg says.
The EU’s Almunia calls the Greek macroeconomic projections “optimistic”. That’s not good, as it suggests they will not be achievable. Greece should stand ready to adopt additional measures, Almunia says.
EUR/USD is easier, trading now at 1.3735. Stops are seen in the 1.3680 area now.